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AM Best is to host an insurance market briefing on the state of the industry on Wednesday, October 25, at the Hamilton Princess & Beach Club in Hamilton, Bermuda. 11 July 2017
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Ironshore International, which has a substantial presence in Bermuda, has announced that its mergers & acquisitions (M&A) and tax insurance unit has opened an office in Frankfurt, Germany through Ironshore Agency, as it expands its European presence. 10 July 2017
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S&P Global Ratings has revised its outlook on AXIS to negative from stable in the wake of its acquisition of Novae. 10 July 2017
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AXIS Capital Holdings and Novae Group have announced that their respective boards have agreed on the terms of a recommended all cash acquisition of the entire share capital of Novae by AXIS. 6 July 2017
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Re/insurance broking and advisory firm Beach & Associates has appointed Daniel Shaw as senior vice president to lead its wholesale property and casualty treaty division in London. 6 July 2017
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Fidelis Insurance has promoted Ian Turner to the position of group chief actuary, subject to regulatory and immigration approval. 5 July 2017
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According to the latest Swiss Re Institute Sigma report, global insurance premiums went up by 3.1 percent in real terms in 2016, a fairly solid outcome in an environment of moderate global economic. 5 July 2017
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While rates in many lines of business were again declining in the June 1 renewals, brokers also pushed for a relaxation of terms and conditions in some areas with the use of the 'hours clause' a hotly contested point on some treaties, according to sources on Bermuda. 4 July 2017
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Recent cyber-attacks like the recent ‘WannaCry’ ransomware virus attack have defied predictions that they would act as a wake-up call for businesses concerned about their cyber security, according to communications consultancy group FWD. 4 July 2017
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Fidelis Insurance has announced that it has started up a new venture with industry veteran Rob Ashton , who has been appointed specialty reinsurance underwriter at the as-yet unnamed venture. 3 July 2017
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